Wednesday, June 17 BTC Early Morning Thoughts

As of June 16, Bitcoin has been trading sideways around $66,000, with the market caught between "macro recovery" and "weak capital."
On the positive side, whales continue to accumulate, and the US-Iran peace agreement boosts sentiment; support around $60,000 is relatively strong.
However, concerns include net outflows of over $4.7 billion from ETFs this month, indicating new funds haven't entered, and technicals are constrained by a bearish arrangement, with the rebound volume shrinking, resembling a short squeeze.
The short-term direction depends on this week's Federal Reserve decision (pay attention to hawkish or dovish signals) and the signing of the Iran nuclear deal, both with high uncertainty.
The first resistance is at $67,300; a breakout could target $68,500.
Support is at $64,000–$65,000; if broken, the price may retest $63,500.
Operationally, it is recommended to stay on the sidelines for now; if the retest of $65,000 stabilizes, consider light long positions, or wait for a breakout above $67,300 to follow up.
Strictly control positions to handle $BTC high volatility.